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ENTERPRISE TECHNOLOGY SPENDING
Vibe-coding startup Emergent's valuation jumps 5x to $1.5 billion in new fundingThe latest financing takes Emergent's total capital raised since inception to $230 million. The startup last raised $70 million in January,...- 'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeoutIBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 bill...
- Mutual funds cut IT exposure to all-time low of 5.9% in June. Contrarian opportunity or signal for caution?Mutual funds have reduced their technology sector allocation to 5.9 per cent. This marks an all-time low, reflecting investor caution and p...
- TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
- Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata ElxsiMarkets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus toda...
- IBM stock tumbles 25% as preliminary quarterly results fall below expectationsIBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit an...
- Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
- TCS’ annualised AI revenue rises to $2.6 billion in Q1The AI momentum came as TCS posted a 5% year-on-year rise in consolidated net profit to Rs 13,349 crore for the quarter ended June 30, whil...
- Global Market: AI stocks take a breather after blistering rally as investors reassess valuationsAI-linked stocks are showing signs of fatigue as investors lock in profits. Semiconductor and memory-chip makers have seen sharp retreats f...
- Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- Employees are adopting AI faster than organisations, says McKinsey surveyWhile artificial intelligence (AI) has emerged as the top technology spending priority for many organisations, most are still at an early s...
- Employees adopting AI faster than organisations, says McKinsey surveyWhile artificial intelligence (AI) has emerged as the top technology spending priority for many organisations, most are still at an early s...
- Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brewStarbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems...
- AI redraws office demand dynamics as GCCs power India's leasing marketGlobal Capability Centres and flexible workspaces are now driving India's office real estate demand. Third-party IT services firms are redu...
- Karnataka to invest Rs 1.5 lakh crore in Bengaluru infrastructure; aims to promote GCCs in tier-2, tier-3 citiesDK Shivakumar said the government was focused on improving Bengaluru's infrastructure while encouraging companies to expand operations acro...
- Let's minimise tokenmaxxing: India's next AI breakthrough will come from efficiency, not bigger modelsIndian organizations must optimize AI token usage for efficient and sustainable deployment. Maximizing token consumption is a flawed proxy ...
- Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
- AI spending sparks historic Microsoft selloff: Opportunity ahead?Microsoft is headed for its worst monthly decline since December 2000 as AI spending concerns weigh on sentiment, though its cloud, softwar...
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